SEBI adjudicating officer imposes ₹25 lakh joint penalty on three Citrus Check Inns directors for violating 2015 fund collection禁令.
Directors Omprakash Goenka, Prakash Utekar, and Venkatraman Natarajan found liable despite claiming non-executive roles and logistical limitations.
Violation established through evidence of ₹50,000 collected from investors after SEBI's June and August 2015 prohibitory orders.
Order follows SAT remand after directors successfully appealed original 2018 penalty order on procedural grounds.